A new report from Transparency
Market Research, titled ‘3D Cameras Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023,’ states that
the global market is expected to expand at a swift pace during the period
between 2016 and 2023 owing to factors such as rapid innovation and technical
advancements in the industry and the introduction of improved visual appeal 3D
cameras.

3D cameras permit
photographers to capture pictures that create illusions in 2D photographs, thus
enhancing the visual appearance of the photos. The incorporation of 3D
technology in video cameras has been the backbone of the global entertainment
industry for many years. 3D videos enable viewers to submerge themselves in the
on-screen action more naturally than 2D footage. 3D still cameras are a recent
innovation and are expected to become commercially popular across the world in
the years to come.

The stereo camera technology
is popularly used in the manufacturing process of 3D still photographs. Stereo
3D cameras use two camera lenses rather than one lens that defines the present
pattern of cameras. This lets the camera function just like human eyes and
provides in-depth perception to photographs. The global 3D cameras market is
expected to expand swiftly in the years to come due to the increasing
popularity of 3D content. The engaging nature of 3-dimensional photography is
expected to become commercially lucrative in the current market. The constantly
increasing demand for 3D television sets is also predicted to benefit the
global 3D cameras market in the long run.

3D cameras are now being
increasingly adopted in smartphones, which is another factor expected to propel
the global 3D cameras market. It is easy to carry smartphones with inbuilt 3D
cameras instead of carrying heavy weight and expensive SLR cameras. Many
amateur photographers use smartphones inbuilt with 3D cameras to practice their
photography. This is one of the factors expected to boost the global 3D cameras
market. By region, the global 3D cameras market is divided into Latin America,
North America, the Middle East and Africa, Asia Pacific, and Europe. The demand
for 3D camera-equipped smartphones is predicted to increase in the Middle East
and Africa and Asia Pacific.

The increasing use of 3D
cameras in home security technologies and home automation is also expected to
benefit the global 3D cameras market in the near future. 3D cameras offer high
accuracy in security videos. The increasing demand for 3D scanning is further
expected to be beneficial for the growth of the global 3D cameras market. The
high cost of 3D cameras is the biggest challenge for the global market in the
coming few years. Even though there is an improvement in the purchasing power
of people, not everyone can afford to buy expensive smart applications with 3D
cameras. This is expected to hamper the growth of the global 3D cameras market
in the long run.

Nikon, GoPro, Panasonic, LG,
Canon, and Sony Electronics are some of the leading players expected to
introduce new 3D cameras in the global market in the years to come.